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GOLD Fell Below 20 Day Moving Average on July 29
GOLD finished lower by 1.59% on Wednesday, July 29th, trading 0.8 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA and Fell Below 200 DMA — suggesting potential weakness ahead. Key support levels exist at 39.27, 38.4 & 37.51, with resistance at 41.03, 41.92 & 42.8.
Current SwingTradeBot Technical Rating of GOLD: B
More technical signals and insights for GOLD → Visit SwingTradeBot.com
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